Apple Supplier Qorvo Beats Q4 Views, Bullish On Q1

By | May 6, 2015

Scalper1 News

Apple iPhone supplier Qorvo reported fiscal Q4 earnings that beat Wall Street views and provided strong guidance Wednesday amid surging growth in mobile data and traffic. Formed earlier this year in the $1.6 billion merger of RF Micro Devices and TriQuint Semiconductor, the chipmaker earned $1.11 per share excluding items, beating forecasts of 87 cents. Revenue jumped 46% to $634.9 million, topping estimates for $623.4 million Scalper1 News

Scalper1 News